Catalyze Secures $400 Million to Boost US Energy Expansion
Deal News | Apr 30, 2025 | Orrick
Catalyze, a fully integrated developer and Independent Power Producer (IPP) specializing in distributed renewable energy assets, has secured a $400 million multiyear debt facility from global investment firm ATLAS SP Partners. The financing arrangement is pivotal, as it will aid in the expansion of Catalyze's commercial and industrial, community solar, and battery storage project portfolio throughout the United States. This strategic financial backing is expected to support Catalyze’s ambition to scale their renewable energy solutions, aiming to double their operational capacity to 300 MW by the end of the year while exploring additional investment opportunities exceeding 1 GW in their development pipeline. The legal firm Orrick represented Catalyze in this substantial financial transaction.
Sectors
- Renewable Energy
- Financial Services
Geography
- United States – The primary focus of Catalyze's expansion and operation is across the United States, making it a relevant geographic classification for the article.
Industry
- Renewable Energy – Catalyze is involved in the development and production of distributed renewable energy assets, including solar and battery storage, which falls under the Renewable Energy sector.
- Financial Services – The article involves financial services as it discusses a debt facility provided by ATLAS SP Partners to support Catalyze's expansion.
Financials
- $400 million – The amount of the multiyear debt facility secured by Catalyze from ATLAS SP Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catalyze | Target Company | Company | A fully integrated developer and IPP focusing on distributed renewable energy assets. |
| ATLAS SP Partners | Bidding Company/Investor | Company | A global investment firm providing a $400 million multiyear debt facility to Catalyze. |
| Orrick | Legal Advisor | Company | Legal advisory firm representing Catalyze in securing the debt facility from ATLAS SP Partners. |
| Jared Haines | Executive | Person | CEO of Catalyze, providing statements regarding the impact and growth strategy of the company. |